univstats
Number Received Financial Aid (All Undergraduate) 14,957
Percent Received Financial Aid(All Undergraduate) 50%
Average Aid Amount $8,832
Number Received Financial Aid (Freshmen) 4,750
Percent Received Financial Aid (Freshmen) 71%

Financial Aid Information at Virginia Tech

For the academic year 2021-2022, a total of 14,957 students (50% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $8,832. For freshmen (Full-time, first-time degree-seeking undergraduate students), 4,750 students (71% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Virginia Polytechnic Institute and State University is $15,478 for Virginia residents and $36,694 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 14,957 students (50% of all students) have received grants or scholarships and the average received aid amount is $8,832. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Virginia Polytechnic Institute and State University for all undergraduate students.
Undergraduate Student Financial Aid at Virginia Polytechnic Institute and State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid14,95750%$8,832
Pell Grants4,46215%$5,006
Federal Student Loans10,25434%$6,357

Beginning Students Financial Aid

a total of 4,750 beginning students (71% of all freshmen) have received any financial aid and 4,509 students (67% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Virginia Polytechnic Institute and State University.
Beginning Students (Freshmen) Financial Aid at Virginia Polytechnic Institute and State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid4,75071%-
Grants or Scholarship from All Sources3,86457%$7,649
Federal Grants1,13517%$5,111
Pell Grants1,09416%$4,989
Other Federal Grants5108%$672
State/Local Grants97815%$5,266
Institutional Grants3,73655%$4,980
Student Loans2,86443%$10,100
Federal Student Loans2,77441%$5,386
Other Student Loans6209%$22,558

Students Headcount by Living Status

For academic year 2021-2022, total 1,968 full-time beginning students have enrolled and attended Virginia Polytechnic Institute and State University. Among them, 1,921 students have lived on campus and 0 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Virginia Polytechnic Institute and State University
Living Status201920202021
Living On-Campus2,5082,4731,921
Living Off-Campus with Family0047
Living Off-Campus without Family000

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Virginia Polytechnic Institute and State University
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,8691,389$14,525,063$7,772
$0 - $30,000308307$5,272,008$17,117
$30,001 - $48,000244243$3,678,465$15,076
$48,001 - $75,000305302$3,438,266$11,273
$75,001 - $110,000275254$1,315,310$4,783
$110,001 or more737283$821,014$1,114